IRT Independence Realty Trust Inc
Price (delayed)
$19.58
Market cap
$4.52B
P/E Ratio
115.18
Dividend/share
$0.64
EPS
$0.17
Enterprise value
$6.81B
Independence Realty Trust is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Dallas, Louisville, Memphis, Raleigh and Tampa. IRT's investment
Highlights
The equity is up by 2.6% QoQ
Independence Realty Trust's debt has decreased by 8% YoY but it has increased by 2.1% from the previous quarter
The gross profit has contracted by 3.9% YoY
The revenue is down by 3.2% year-on-year
Key stats
What are the main financial stats of IRT
Market
Valuations
Earnings
Shares outstanding
230.91M
Market cap
$4.52B
Enterprise value
$6.81B
Price to earnings (P/E)
115.18
Price to book (P/B)
1.28
Price to sales (P/S)
6.88
EV/EBIT
59.01
EV/EBITDA
20.26
EV/Sales
10.64
Revenue
$640.04M
Gross profit
$374.52M
Operating income
$125.49M
Net income
$39.29M
EBIT
$115.43M
EBITDA
$336.29M
Free cash flow
$475.57M
Per share
Balance sheet
Liquidity
EPS
$0.17
EPS diluted
$0.17
Free cash flow per share
$2.12
Book value per share
$15.29
Revenue per share
$2.85
TBVPS
$26.93
Total assets
$6.06B
Total liabilities
$2.48B
Debt
$2.33B
Equity
$3.44B
Working capital
N/A
Debt to equity
0.68
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
6.81
Margins
Efficiency
Dividend
EBITDA margin
52.5%
Gross margin
58.5%
Net margin
6.1%
Operating margin
19.6%
Return on assets
0.7%
Return on equity
1.2%
Return on invested capital
1.4%
Return on capital employed
N/A
Return on sales
18%
Dividend yield
3.27%
DPS
$0.64
Payout ratio
376.5%
IRT stock price
How has the Independence Realty Trust stock price performed over time
Intraday
0.88%
1 week
2.25%
1 month
-6.67%
1 year
25.03%
YTD
-1.31%
QTD
-7.77%
Financial performance
How have Independence Realty Trust's revenue and profit performed over time
Revenue
$640.04M
Gross profit
$374.52M
Operating income
$125.49M
Net income
$39.29M
Gross margin
58.5%
Net margin
6.1%
Independence Realty Trust's operating income has decreased by 13% YoY and by 2.2% QoQ
Independence Realty Trust's operating margin has decreased by 10% YoY
The gross profit has contracted by 3.9% YoY
The revenue is down by 3.2% year-on-year
Growth
What is Independence Realty Trust's growth rate over time
Valuation
What is Independence Realty Trust stock price valuation
P/E
115.18
P/B
1.28
P/S
6.88
EV/EBIT
59.01
EV/EBITDA
20.26
EV/Sales
10.64
The P/B is 9% less than the 5-year quarterly average of 1.4 but 7% more than the last 4 quarters average of 1.2
The equity is up by 2.6% QoQ
IRT's price to sales (P/S) is 7% lower than its 5-year quarterly average of 7.4 but 6% higher than its last 4 quarters average of 6.5
The revenue is down by 3.2% year-on-year
Efficiency
How efficient is Independence Realty Trust business performance
Independence Realty Trust's return on invested capital has surged by 75% YoY and by 40% QoQ
The ROS has soared by 64% YoY and by 46% from the previous quarter
Dividends
What is IRT's dividend history
DPS
$0.64
Dividend yield
3.27%
Payout ratio
376.5%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Independence Realty Trust financials performed over time
Independence Realty Trust's total assets is 144% more than its total liabilities
Independence Realty Trust's total liabilities has decreased by 8% YoY
Independence Realty Trust's total assets has decreased by 3.5% YoY
Independence Realty Trust's debt is 32% less than its equity
Independence Realty Trust's debt has decreased by 8% YoY but it has increased by 2.1% from the previous quarter
IRT's debt to equity is down by 8% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.